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Friday newspaper round-up: UK lenders, independent breweries, HP, MoD
Fri 21 February 2025 07:30
(Sharecast News) - UK lenders paid "advance commissions" to car dealers that may have encouraged them to push costlier loans on to consumers, legal filings linked to the motor finance scandal reveal. Court documents seen by the Guardian show that lenders,
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Thursday newspaper round-up: British Steel, public services, Microsoft
Thu 20 February 2025 07:29
(Sharecast News) - British Steel should get an extra £200m from the government to support it in keeping the UK's two remaining blast furnaces open until electric replacements are built, according to a proposal put forward by unions. Chinese-owned British
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Hong Kong's CKI makes £7bn bid for majority stake in Thames Water - report
Fri 21 February 2025 14:48
(Sharecast News) - Hong Kong's CK Infrastructure has reportedly made a preliminary £7bn bid to take a majority stake in Thames Water, while indicating that it would require the company's bondholders to take significant haircuts.
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ADM Energy gets emergency loan as CEO resigns
Fri 21 February 2025 14:41
(Sharecast News) - ADM Energy has announced the abrupt resignation of its boss Stefan Olivier as the West Africa-focused oil group continues to face a financial crunch, with just £20,000 of cash left available.
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UnitedHealth shares drop as DOJ launches Medicare pricing probe
Fri 21 February 2025 13:34
(Sharecast News) - Shares in American insurance group UnitedHealth tanked on Friday after the news that the Department of Justice has launched an official probe into its Medicare billing practices.
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GSK seen as potential target for activist investors
Fri 21 February 2025 11:54
(Sharecast News) - Drugmaker GSK has been tapped as a potential target for activist investors, according to Bloomberg, which noted that shares had fallen roughly 19% since spinning off its consumer health business in 2022.
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Proteome secures $1m-plus contract with US biopharma firm
Fri 21 February 2025 11:32
(Sharecast News) - Proteome Sciences announced on Friday that it has secured a contract worth over $1m from a US biopharmaceutical company for the use of its mass spectrometry services in an ongoing clinical trial.
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Director dealings: Argo Group CEO lowers stake
Thu 20 February 2025 16:24
(Sharecast News) - Argo Group revealed on Thursday that chief executive officer Kyriakos Rialas had disposed of 8.76m ordinary shares in the London-listed underwriter.
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Director dealings: LPA Group CFO raises stake
Wed 19 February 2025 15:46
(Sharecast News) - LPA Group revealed on Wednesday that chief financial officer Stuart Stanyard had acquired 20,000 ordinary shares in the AIM-listed engineering firm.
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Sale of surplus ECR Minerals land now unconditional
Fri 21 February 2025 15:18
(Sharecast News) - ECR Minerals confirmed on Friday that the sale of its surplus land at Brewing Lane in Victoria, Australia, for AUD 225,000 (£113,690) was now unconditional.
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Tern raises £0.22m to fund commitment to SVV2 fund
Fri 21 February 2025 14:09
(Sharecast News) - Tern announced on Friday that it has raised £0.22m through a placing of 19,230,769 new shares at 1.15p each, representing a 9.8% discount to the closing price on 20 February.
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Guardian Metal Resources reports high-grade gold results from Golconda
Fri 21 February 2025 14:04
(Sharecast News) - Guardian Metal Resources reported high-grade gold results from trenching at its 100%-owned Golconda Summit Project in Nevada on Friday, confirming and extending mineralisation at the site.
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Savannah Resources to restart drilling at Barroso
Fri 21 February 2025 13:58
(Sharecast News) - Savannah Resources confirmed on Friday that it will immediately restart fieldwork and drilling at its Barroso Lithium Project in Portugal, following a decision by the Portuguese State to lift a temporary suspension order.
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Litigation Capital Management shares down after Aussie court judgement
Fri 21 February 2025 12:50
(Sharecast News) - Litigation Capital Management announced on Friday that the Federal Court of Australia has delivered its judgement in a class action funded by the company on behalf of shareholders in Quintis, a former operator of Indian sandalwood plant
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